Clinical data management software provider Phase Forward acquired Waban Software for $14 million in cash.

Cambridge-based Waban, which develops automation and compliance platforms for clinical data analysis and reporting, will operate as the Waban Software Group under the Phase Forward umbrella and relocate its base to its new parent’s headquarters in Waltham.

Phase Forward said the deal extends the range of clinical data solutions it offers to life science companies.

Waban posted sales of about $4 million last year and broke even on operating income.